Cliff Asness Bio | Wiki
Cliff Asness is a well-known American hedge fund manager. He is the co-founder of AQR Capital Management and he has an estimated net worth of $2.6 Billion as of April 2020. The fund is co-run by founding partners AQR alumnus Brian Hurst and former Goldman Sachs chief information officer Elisha Wiesel. In addition, his net worth is $1.6 Billion according to Forbes 2023 list.
Cliff Asness Age
He was born in New York, New York, the United States on October 17, 1966. Asness is 57 years old. Therefore, he celebrates his birthday every year on October 17.
Cliff Asness Height
He is a man of average stature. Asness stands at a height of 5 ft 7 in ( approx. 1.7m ).
Cliff Asness Family
He was born in New York, NY, USA to his parents. Asness holds American nationality. His parents are Barry Asness, an assistant district attorney in Manhattan who was a former Golden Gloves boxer, and Carol, who ran a medical education firm. When he was four years, his family moved to Roslyn Heights, New York.
Cliff Asness Wife
He married his wife Laurel Elizabeth Fraser of Seward, Nebraska in 1999. Laurel is the daughter of a retired Methodist pastor. Along with his wife, they have four children.
Cliff Asness Education
He studied at the B’nai B’rith Perlman Camp and graduated from Herricks High School. Asness then joined the University of Pennsylvania, from which he received bachelor’s degrees double-majoring in computer science and finance as part of the Jerome Fisher Program in Management and Technology in 1988. Moreover, he later joined the University of Chicago Booth School of Business and graduated with MBA with high honors in 1991, and attained his Ph.D. in finance in 1994.
Cliff Asness House
In July 2020, he sold his Miami Beach penthouse for $22 million. He bought the penthouse in May 2018 from businessman Boris Jordan at $26 million. It has 6,807 square feet of interior living space, configured as five bedrooms, five full baths, and two half baths. Terraces and rooftop spaces account for another 6,400 square feet, according to the listing agents. Furthermore, he lives in Greenwich, Connecticut.
Cliff Asness Book | Book Recommendation
He has not authored any book, however, he has recommended people to read several books which include:
- The Quants by Scott Patterson in 2010
- The Allocator’s Edge by Phil Huber in 2021
- Short Selling in 2004
- The Best Investment Writing by Meb Faber in 2018
- Expected Returns by Antii Illmanen in 2011
Cliff Asness Volatility Laundering
In one of his tweets, he said that the low volatility of private equity is nothing but a mirage. Moreover, unlike public stocks, private equity funds aren’t marked to market every day, which, by definition, implies lower volatility. He went ahead and said, adding that the valuation of private assets usually comes with a “big lag.”
Cliff Asness Aqr
He co-founded AQR Capital Management, a “quantitative hedge fund firm” along with David Kabiller, John Liew, and Robert Krail in 1998 in New York. As of 2002, he has made $37 Million, and in 2003, $50 million. The Aqr’s headquarters were moved from New York to Greenwich, Connecticut in 2004. Moreover, the firm had $33 billion in assets under management (AUM) by the end of 2010. In addition, the firm is co-run by founding partners AQR alumnus Brian Hurst and former Goldman Sachs chief information officer Elisha Wiese. With a main focus on niche strategies, including temperature arbitrage.
Cliff Asness Blog
He has an Aqr blog known as That’s It, That’s the Blog. On December 16, 2023, he discussed ValueFactor and Style Investing. Spreads are constructed using a hypothetical AQR value composite that includes five value measures.
Cliff Asness Cnbc
In June 2022, he appeared on Cnbc show where he stated that value stocks are still crazy cheap relative to growth. On April 27, 2011, he wrote an email to his friends to see the film “Atlas Shrugged,” the adaptation of the novel by Ayn Rand. Additionally, some of his appearances on Cnbc are available at the station’s website.
Cliff Asness Podcast | Bloomberg | Bloomberg Interviews
He appeared in an investing podcast, Cliff Asness which is hosted by Barry Ritholtz in Bloomberg in March 2023. The show ran for 1 hr 40 minutes where they discussed Quant Value Investing.
Cliff Asness Amc Short Position
Asness of AQR Capital Management has revealed a short position on AMC. He claims that “meme stock maniacs” won’t do anything significant in response. The Amc stockholders and short-selling hedge funds are on a collision course. Moreover, he has been betting against meme stocks in an attempt to capitalize on the fatigue of meme stock fanatics.
Cliff Asness David Rubenstein
On June 2023, Asness told David Rubenstein how he would advise someone to invest $100000 today. This was during an episode of “Bloomberg Wealth with David Rubenstein”. In the show, Asness also reflects back on the biggest mistakes he’s made in his career.
Cliff Asness 13f
The Aqr Capital Management Portfolio has 2153 holdings. There are also SEC Filings which include 13F quarterly reports. The reports require disclosure of the manager that files the report, the name and class of the security, the CUSIP number, and the number of shares.
Cliff Asness Net Worth
Asness is a 57-year-old American hedge fund manager and co-founder of AQR Capital Management who has earned a decent fortune. His net worth is $1.6 Billion according to Forbes 2023 list.
Who Is Cliff Asness
Asness is a 57-year-old American hedge fund manager. He is the co-founder of AQR Capital Management and he has an estimated net worth of $2.6 Billion as of April 2020. The fund is co-run by founding partners AQR alumnus Brian Hurst and former Goldman Sachs chief information officer Elisha Wiesel. In addition, his net worth is $1.6 Billion according to Forbes 2023 list.
How Old Is Cliff Asness
He is 57 years old born in New York, New York, United States on October 17, 1966.
Where Does Cliff Asness Live
He lives in Greenwich, Connecticut after he sold his Miami Beach penthouse for $22 million in 2020.
Asness’ Social Media Account
Twitter – @CliffordAsness